New Delhi, Dec 12 (PTI) The initial share sale of Park Medi World Ltd, which operates a hospital chain under the Park brand, received over 8 times subscription on the final day of bidding on Friday.
The Rs 920-crore Initial Public Offering (IPO) got bids for 33,88,29,652 shares against 4,18,18,182 shares on offer, as per NSE data.
The category for non-institutional investors attracted 15.15 times subscription. The quota for Qualified Institutional Buyers (QIBs) received 11.48 times subscription and Retail Individual Investors (RIIs) portion got subscribed 3.16 times.
Park Medi World on Tuesday said it has collected Rs 276 crore from anchor investors.
It has fixed a price band of Rs 154-162 per share for the IPO, valuing the hospital chain at roughly Rs 7,000 crore.
The IPO is a combin

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